Landlord Fees
Laceys offer two principal levels of service for our Landlords, namely “Full Management” and “Tenant Find Only”. We detail the simple fee structure below – remember, there are no other hidden fees, and we don’t add commission onto contractor’s bills. You will, of course, need to comply with the law in respect of safety checks, smoke/carbon monoxide detectors, Energy Performance Certificates etc, all of which we can arrange for you at cost if you require.
| FULL MANAGEMENT SERVICE | TENANT FIND ONLY SERVICE | |
| Marketing & Securing a Tenant Marketing property including online exposure on portal websites, arranging & accompanying viewings, negotiations | Free of charge | A MONTHS’ RENT (including VAT) |
| Tenant Referencing Seeking employer & landlord references, obtaining a credit check report from an external agency, and Right to Rent check | Free of charge | Free of charge |
| Tenant Move In Preparing Tenancy Agreement and photographic inventory, updating primary utility companies, and deposit compliance matters including registration at Deposit Protection Service | £240 (£200 + VAT at 20%) | £240 (£200 + VAT at 20%) |
| Management Managing repairs, safety checks, undertaking quarterly inspections, rent collection (including chasing rent arrears) | 13.2 % of the gross rent received (11 % + VAT at 20%) | N/A |
| Tenant Check Out Pre move-out inspection, final tenant check-out including sorting deposit and updating primary utility companies | Included in Management Fee | £120 (£100 + VAT at 20%)
OPTIONAL SERVICE |
| New Tenancy Agreement Required during existing tenancy, e.g. where there has been a change in one of the tenants, or a new tenancy agreement is required after fixed term | Included in Management Fee | £120 (£100 + VAT at 20%)
OPTIONAL SERVICE |
FOR YOUR PEACE OF MIND
Redress available from "The Property Ombudsman"
We have a Complaints Handling Procedure, which is available upon request.
Protection by the “RICS Clients’ Money Protection Scheme”
As a Royal Institution of Chartered Surveyors (RICS) Regulated Firm, our clients can apply for help from the RICS Clients’ Money Protection Scheme. Click on the "RICS Client Money Protection" link for further information.
